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- Trading session I make best my money
Trading session I make best my money
There’s no single “best” session - it depends on what you trade and your style. But each forex session has a different personality.
Here are the 4 main ones, using your time in Port Harcourt, WAT = GMT+1:
1. *Asian/Tokyo Session* 12:00 AM - 9:00 AM WAT- *Vibe*: Slowest, most sideways. Low volatility.- *Pairs that move*: JPY pairs like USD/JPY, AUD/JPY, NZD/JPY. Also AUD and NZD pairs.- *Best for*: Range traders, scalpers who like tight moves. Good if you can’t watch charts all day.
2. *London Session* 8:00 AM - 5:00 PM WAT - *Vibe*: Highest volume of the day. Big, clean moves. - *Pairs that move*: EUR, GBP pairs. EUR/USD, GBP/USD, EUR/GBP are most active.- *Best for*: Most manual traders. Breakouts, trend trades, and price action work well here. Liquidity is high so spreads are tight.
3. *New York Session* 1:30 PM - 10:00 PM WAT- *Vibe*: Second most volatile. News-heavy. USD pairs dominate.- *Pairs that move*: USD pairs, especially USD/CAD, USD/JPY, plus stocks/gold reaction.- *Best for*: Trend continuation and news trading. Can be choppy if there’s no news.
4. *London + New York Overlap* 1:30 PM - 5:00 PM WAT- *Vibe*: The “golden hours”. ∼70% of daily volume happens here.- *Pairs that move*: Everything, especially EUR/USD and GBP/USD.- *Best for*: If you only trade 1 window, make it this one. Fastest moves, cleanest breakouts, but also fast losses if you’re wrong.
So which is “best” for you?
1. *Beginner + manual trading*: London session, or the London-NY overlap. More volume = more predictable price action and less slippage.2. *Part-time, only 1-2 hours/day*: Trade the 1:30 PM - 3:30 PM WAT overlap. Highest reward per minute spent.3. *Avoid news spikes*: Stay away from 1:30 PM WAT when US news like NFP, CPI drops. Price jumps 50+ pips in seconds.4. *Want calm markets*: Asian session. Less stress, but you need patience for smaller moves.